6956 Stable StZacharyLA70791
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Zachary at 6956 Stable St, Zachary, LA, 70791 uses $98,066 cash to close to unlock $12,029/yr annual cash flow and $1,002/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,448/mo payment keeps the spread at $1,002/mo. Purchase price stands at $295,825, and rental yield measures 11.68% with $2,880/mo rent. Return on cash invested shows 32.18% in year one, and 5% annual appreciation builds toward $81,731 over five years. Five-year ROI reaches 168.85% and total cumulative return in cash records $165,585. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,448/mo payment rather than investor’s personal income.
Single Family
Built in 2024
9,452 sqft lot
$N/A/sqft
$540 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70791, Zachary, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,498 (100%) |
| Owner Occupied HU | 9,151 (73.2%) |
| Renter Occupied HU | 2,225 (17.8%) |
| Vacant Housing Units | 1,122 ( 9.0%) |
| Median Home Value | $309,940 |
| Average Home Value | $358,189 |
Housing Distribution
Address Breakdown
Residential
12,065
Single Family
10,976
Multi-Family
1,089
Businesses
841
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Listed by: Melissa Bonnee Duncan • D.R. Horton Realty Of Louisian
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024019909
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 ROAM MLS.